PARENTING VALUES MODERATE THE INTERGENRATIONAL TRANSMISSION OF TIME PREFERENCES

Thomas Epper and Anne Ardila Bren�e
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Anne Ardila Bren�e: CEBI, Department of Economics, University of Copenhagen

No 19-09, CEBI working paper series from University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI)

Abstract: We study the intergenerational transmission of time preferences in a setting without reverse causality concerns. We find substantial transmission of patience from parents to children, which is insensitive to the inclusion of comprehensive sets of administratively reported controls and persists as children age. We further explore heterogeneity in the transmission with respect to two theoretically important but distinct dimensions of socialization through which parents can influence children�s traits: parenting values and parental involvement. Our results show that, in contrast to authoritative parents, authoritarian and permissive parents transmit patience to their offspring. Meanwhile, parental involvement is not an important moderator. These patterns replicate in an independent sample with richer measures of parental involvement.

Keywords: Intergenerational transmission; time preferences; patience; parenting style; parenting values; parental involvement (search for similar items in EconPapers)
JEL-codes: D15 J12 J24 J62 (search for similar items in EconPapers)
Pages: 52 pages
Date: 2019-11-20
New Economics Papers: this item is included in nep-gen
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https://www.econ.ku.dk/cebi/publikationer/working-papers/CEBI-WP-09-19.pdf (application/pdf)

Related works:
Working Paper: Parenting Values Moderate the Intergenerational Transmission of Time Preferences (2019)
Working Paper: Parenting Values Moderate the Intergenerational Transmission of Time Preferences (2019)
Working Paper: Parenting values moderate the intergenerational transmission of time preferences (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:kud:kucebi:1909

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